New Offering Empowers Companies to Automatically Extract Actionable Insights from IoT Data
BOSTON — (BUSINESS WIRE) — October 18, 2016 — Nutonian,the machine intelligence company, today announced an OEM relationship with Autodesk, the global leader in design software and services. Autodesk’s Fusion Connect, an IoT cloud platform, will embed Nutonian’s artificial intelligence (A.I.) modeling engine, Eureqa, to interpret IoT data and maximize business outcomes.
Eureqa automatically discovers the simplest possible predictive models from raw data, enabling any user in an organization to solve data-driven business problems. With Eureqa enhancing Fusion Connect, companies can automatically churn through connected machine IoT data to predict product failure, as well as receive recommended improvements for existing product designs and identify potentially impactful new ones.
“As we continually enhance our cloud capabilities, the logical next step was broadening and deepening our IoT predictive and prescriptive solutions,” said Bryan Kester, director of IoT at Autodesk. “We evaluated the A.I. and machine learning ecosystem and found Nutonian has numerous, significant advantages that enable us to deliver a one-of-a-kind IoT analytics service.”
Manufacturing companies can use Eureqa to determine the baseline for how a piece of machinery behaves under normal conditions. If a machine’s sensors indicate abnormal or suboptimal behavior, Fusion Connect’s dynamic predictive analytics, powered by Eureqa, will generate end-user alerts and dashboards explaining what’s happening and why. This will enable customers to automatically anticipate machinery maintenance, identify product flaws and develop smart, proactive business processes.
“IoT data is noisy and complex to analyze, which has limited its impact on business applications to date. We created Eureqa to overcome this challenge,” said Michael Schmidt, Nutonian’s founder and CTO. “The integrated power of Eureqa and Fusion Connect enables businesses to use IoT data to automatically predict and explain in real time why events happen, like equipment failure or maintenance. With scalable analysis and predictive foresight, businesses can optimize their operations and gain tremendous competitive advantage.”
Nutonian’s machine intelligence application, Eureqa®, empowers business intelligence professionals to do the work of data scientists. Invented by one of the “World’s Most Powerful Data Scientists” (Forbes), Eureqa supercharges data science initiatives by automating the creation and interpretation of predictive models. Nutonian leverages sophisticated evolutionary algorithms to make advanced data modeling simple, fast, accurate, and scalable. For more information, please visit www.nutonian.com or follow Nutonian on Twitter at @nutonian.